Five Below (NASDAQ: FIVE) CIO receives corrected 571-share stock award
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Jhunjhunwala Amit reported acquisition or exercise transactions in this Form 4 filing.
FIVE BELOW, INC Chief Information Officer Amit Jhunjhunwala reported a corrected equity award on an amended insider filing. On March 19, 2026, he received a grant of 571 shares of Common Stock at $0.00 per share, characterized as a grant or award under Rule 16b-3(d). Following this award, he directly beneficially owned 24,396 shares of the company’s stock. The amendment explains that an earlier Form 4 had mistakenly reported 862 shares, including 291 shares that had already been reported, and this filing updates both the grant amount and post-transaction holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jhunjhunwala Amit
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 571 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 24,396 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 571 shares
Grant price: $0.00 per share
Shares owned after transaction: 24,396 shares
+3 more
6 metrics
Shares granted
571 shares
Common Stock award on March 19, 2026
Grant price
$0.00 per share
Compensation-related stock award
Shares owned after transaction
24,396 shares
Direct beneficial ownership after March 19, 2026 award
Originally reported grant
862 shares
Initial Form 4 amount before correction
Previously reported within 862
291 shares
Portion already reported before amendment
Form type
Form 4/A
Amended insider transaction report
Key Terms
Form 4, Rule 16b-3(d), beneficially owned, Common Stock, +1 more
5 terms
Form 4 regulatory
"the reporting person filed a Form 4 (the "Initial Form 4") that erroneously reported a grant"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Rule 16b-3(d) regulatory
"erroneously reported a grant of 862 shares pursuant to Rule 16b-3(d) on March 19, 2026"
beneficially owned financial
"report the correct number of (i) shares awarded ... and (ii) shares beneficially owned by the reporting person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did FIVE (Five Below, Inc) report in this Form 4/A?
Five Below reported that CIO Amit Jhunjhunwala received a grant of 571 shares of Common Stock on March 19, 2026. This was a stock award at no cost, increasing his direct beneficial ownership in the company.
Why did Five Below (FIVE) file an amended Form 4/A for its CIO?
The company filed an amended Form 4 because the original Form 4 incorrectly reported a grant of 862 shares. The amendment explains that 291 of those shares had been previously reported and corrects both the award size and the post-transaction share count.
Was the Five Below (FIVE) CIO’s stock award an open-market purchase or a grant?
The transaction was a grant or award, not an open-market purchase. The Form 4/A labels it as a Rule 16b-3(d) grant with transaction code A, showing 571 shares awarded at $0.00 per share as part of compensation.